Tag Archives: privatize

WASHINGTON (AP) — Treasury Secretary Scott Bessent said Wednesday that the children’s savings program included in President Donald Trump’s tax break-and-spending cut law “is a back door for privatizing Social Security,” reigniting an issue that has dogged Republicans for years. Bessent’s remarks, which he made at a forum hosted by Breitbart News, were striking after Trump’s repeated promises on the …

Bessent hails new ‘Trump accounts’ as ‘backdoor way to privatize Social Security’  Politico Trump’s treasury secretary says he sees ‘a backdoor for privatizing Social Security’  MSNBC News Trump Baby Accounts Could Create Generation of Millionaire Retirees  Newsweek Bessent says child savings accounts in Trump law are ‘a back door for privatizing Social Security’  AP News Trump accounts are a ‘backdoor for privatizing Social Security,’ …